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Donors within the non profit sector (and they include: individuals, foundations, grant funds, agency funds (such as money from United Way), corporate contributions etc.) offer an opportunity/challenge because there is a personal reason for making their contribution; much more so than with tax revenue, enterprise fund or other source of revenue that we have discussed to this point. What unique issues does this bring up when it comes to managing revenue from this source? What additional obligations do you have when it comes to donation management that does not exist concerning other types of revenue?

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Accounting Basics, Accounting

Category:- Accounting Basics
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